Spain sends warships to Cyprus after Trump threatens to cut off US trade unless Madrid joins Iran war
Workers and youth cannot halt the US-Israeli war of aggression against Iran and the escalating war across the Middle East by relying on the military and diplomatic initiatives of the European powers. This reality was starkly illustrated by the unprincipled and cowardly zig zags of Spain’s Socialist Party (PSOE)-Sumar government.
The Top High Yield ETFs Every Retiree Should Own
24/7 Wall St.
(24/7 Wall St.)
Quick Read
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iShares Core Dividend Growth (DGRO) yields 2.04% and gained 19.51%. SPDR S&P 500 High Dividend (SPYD) yields 4.55%, up 10.08% YTD. iShares Preferred and Income Securities (PFF) yields 6.21%.
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Read MoreStock market today: Sensex falls 547 pts, Nifty below 24,650; IndiGo, ICICI Bank lead losers
Domestic benchmark indices Sensex and Nifty opened on a negative note on Friday, tracking weak cues from global markets and rising crude oil prices amid tensions between the US, Israel and Iran.
At 9:15 am, the BSE Sensex plunged 547.49 points, or 0.68%, to 79,468.41. The NSE Nifty slipped 155.45 points,
Wall Street Is Wrong About Micron Stock. Here's Why.
Key Points
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Micron Technology has room to deliver impressive gains despite its strong performance over the past year.
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The tight supply and robust demand for compute and storage memory chips are going to fuel further growth in revenue and earnings.
Micron Technology (NASDAQ: MU) was in absolutely stunning form on the stock market over the past year.
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Read MorePresident Trump touches on Iran war, US economy and endorses candidate during Kentucky stop
President Donald Trump made a stop in Hebron, Kentucky, on Wednesday, and he had a lot to say about the economy and the Iran war, along with endorsing a Shelby County native for Congress.The message that President Trump delivered on Wednesday in Kentucky is that the U.S. economy is doing well in Kentuckians are reaping the benefits.”8,000 brand new construction jobs in Kentucky,”
Read MoreThe Burst
Oh, That Can’t Be Good
Usually, we talk about interesting stocks that may be on the cusp of growing revenues, profits or share price rapidly on a Tuesday but today we’re breaking from our regular programming to flag a major concern that could affect consumers. And because consumer spending is widely regarded to constitute about 70% of GDP, anything that affects it has a material impact on the broader stock market.
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Read MoreThe Ivy
Is The Santa Claus Rally Real?
Every seasoned trader has heard the phrase “Santa Claus Rally,” but very few understand precisely why it happens. Is it random or is there something structural under the surface that repeats like clockwork each year?
Beyond the whimsical idea of holiday cheer spilling over into the markets, there are structural and behavioral dynamics at play that make the final weeks of the year particularly conducive to market gains.
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Read MoreThe Spotlight
150 Year Old Indicator Picks Bear Market Bottom
It’s hard to figure out one golden indicator that could accurately point to when the bear market will bottom. Should you look at Buffett’s favorite indicator tracking Total Market Cap/GDP? Or maybe it’s best to look at the S&P vs the Fed Balance Sheet? What about book values or price-to-earnings ratios for the indices? As you can see,
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